NSEUpdates1h ago · 22 Sept 2026, 03:38 pm
Updates
HCL Technologies Limited · HCLTECH
✦ AI Summary▲ PositiveOrder Win
HCLTech has been selected by M Group to modernize and transform IT operations across 200+ locations using AI-led managed services.
Analysis Scores
Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10
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Full Announcement
HCL Technologies Limited has informed the Exchange regarding Release M Group selects HCLTech for AI-led IT transformation across 200+ locations .
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HCLTECH_22092026153803_Release22September2026.pdf
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September 22, 2026
The General Manager The Manager
BSE Limited National Stock Exchange of India Limited
Listing Department Listing Department
Phiroze Jeejeebhoy Towers Exchange Plaza
Dalal Street 5th Floor, Plot No. C-1, Block-G
Mumbai- 400 001 Bandra-Kurla Complex, Bandra(E)
Mumbai-400 051
BSE Scrip Code: 532281 NSE Scrip Code: HCLTECH
Subject: Release – “M Group selects HCLTech for AI-led IT transformation across 200+ locations”
Dear Sir / Madam,
Enclosed please find a release on the captioned subject being issued by the Company today.
This is for your information and records.
Yours faithfully,
For HCL Technologies Limited
Manish Anand
Company Secretary
Encl.:a/a
HCL Technologies Ltd.
Technology Hub, Special Economic Zone Corporate Identity Number: L74140DL1991PLC046369
Plot No. 3A, Sector 126, NOIDA– 201304, UP, India Registered Office:
t: +91 120 4306000 806 Siddharth, 96, Nehru Place, New Delhi -110019, India
M Group selects HCLTech for AI-led IT transformation across 200+ locations
LONDON and NOIDA, India, Sept. 22, 2026 — HCLTech, a leading global technology company,
has been selected by M Group, the leading essential infrastructure services provider in the UK and
Ireland, to modernize and transform IT operations across its 200-plus locations.
Through AI-led managed services spanning infrastructure and end-user operations, HCLTech will
deploy its AI Force service transformation platform to streamline M Group's IT landscape,
strengthen resilience and build a scalable digital foundation for growth. The program will also
accelerate broader digital transformation across M Group's water, energy, technology and
communications, transport, and defense, industrial and public sector business lines.
"Technology is critical to helping our people deliver essential infrastructure services safely,
efficiently and at scale. As we continue to transform M Group, we're investing in a stronger digital
foundation and partnering with HCLTech, a global leader in IT services, to bring a new level of
service for every team member in the field and in the office. Together, we'll enhance the quality,
reliability and scalability of our IT operations, helping colleagues work more effectively while
supporting innovation and sustainable growth across the business,” said Chloe Anfield, Chief
Technology Officer at M Group.
"M Group keeps critical infrastructure running for millions across the UK and Ireland. Being trusted
to modernize the IT backbone behind that is a responsibility we take seriously. Our teams bring
deep experience in complex, multi-site environments and we are committed to ensuring M Group's
technology keeps pace with the demands of the sectors it serves," said Ajay Bahl, Chief Growth
Officer and Global Head, Energy and Manufacturing at HCLTech.
This win extends HCLTech's track record in essential infrastructure, an environment where
operational continuity and regulatory compliance leave little margin for error and marks a
significant deployment of AI Force at scale across a multi-sector services business.
About HCLTech
HCLTech is a global technology company, home to more than 223,000 people across 60 countries,
delivering industry-leading capabilities centered around AI, digital, engineering, cloud and
software, powered by a broad portfolio of technology services and products. We work with clients
across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life
Sciences and Healthcare, Technology & Services, Semiconductor, Telecom and Media, Retail and
CPG, Mobility and Public Services. Consolidated revenues as of 12 months ending June 2026
totaled $14.8 billion. To learn how we can supercharge progress for you, visit hcltech.com.
For further details, please contact:
Meredith Bucaro, Americas - meredith-bucaro@hcltech.com
Elka Ghudial, Europe - elka.ghudial@hcltech.com
James Galvin, APAC - james.galvin@hcltech.com
Nitin Shukla, India, Middle East and Africa - nitin-shukla@hcltech.com